Time, discipline and patience are the three elements of successful investment
Category: Warren Buffett
Retail investors’ wrong investment concept not worth trying at all
Investment concept not worth trying at all
Investors should choose media Wisely
Investors should choose Media Wisely, Because the influence of the media is too strong, and investors need to absorb new knowledge and necessary knowledge, various media access is an inevitable way for investors.
Invest success depends on less chance of making mistakes
Invest success depends on less chance of making mistakes, For the definition of risk, I think Buffett’s statement is the most appropriate: “the possibility of loss or injury.” (from: BRK Annual Meeting 1994) and “Risk comes from not knowing what you’re doing.”
Negative message is part of investment
Negative message is part of investment
The importance of circle of competence
Circle of competence. Since Buffett and Munger proposed that investors should pay attention to and limit their investment scope within their own ability circle (in fact, Peter Lin District has also mentioned similar views, interested readers can look at my blog for his book I wrote a brief introduction
Figure out essential things before buy a stock to make sure invest success
At least figure out those things before investing in a business?
The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples
The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples
Non-quantitative factors determine success or failure of an investment
Non-quantitative factors determine success or failure of an investment. People overemphasize the importance of science and numbers in investment, as I mentioned in the book “The Rules of Super Growth Stocks Investing”, section 1-1. Investment is a not a science but an art in the economic field under sociology, which is more related to humanities
Why concentrated investment?
Why concentrated investment?